1610 S Standard AVE new Save Request In-Person Tour Request Virtual Tour
Santa Ana,CA 92707
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25151021
HOA Y/N No
Year Built 1962
Lot Size 6,969 Sqft
Lot Dimensions Public Records
Property Sub-Type Business
Property Description
Exceptional Investment Opportunity in Prime Santa Ana Location
Presenting a unique commercial offering in the heart of Santa Ana: a well-established 720-square-foot property that has operated as a successful Mexican restaurant for over 20 years. With the original tenant now retired, the space is under new tenancy with a recently signed 15-year lease. The current tenant is responsible for all utilities, providing a stable, low-maintenance investment.
Located on a spacious lot, the property offers not only steady rental income but also potential for future development or expansion. It generates a strong annual gross income of $41,616, reflecting a solid 5.9% capitalization rate.
This property is available for purchase with or without the tenant, offering flexibility for both investors and owner-users. Offered “as-is,” this is a rare opportunity to acquire a proven income-producing asset in a high-demand area.
Location
State CA
County Orange
Area 69 - Santa Ana South Of First
Interior
Heating Radiant
Fireplace No
Laundry None
Exterior
Fence Block
Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected
Present Use See Remarks
Total Parking Spaces 4
Building
Lot Description 0-1 Unit/Acre,Level,Paved
Story 1
Water Public
Others
Tax ID 01424123
Acceptable Financing Cash,Conventional,Fannie Mae
Listing Terms Cash,Conventional,Fannie Mae
Special Listing Condition Standard